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expiredxTorquEx posted Apr 5, 2024 5:46 PM

2024 Tesla Model Y + $7,500 Federal Tax Credit

$40,490

$44,990

10% off
(For Qualified Buyers)
1M Views
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Deal Details
Tesla has dropped the base price of the Tesla Model Y from $44,990 down to $40,490. All Model Y vehicles also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member xTorquEx for finding this deal.

Available models:
  • Tesla Model Y (Standard Range) from $40,490
  • Tesla Model Y (Long Range) from $44,990
  • Tesla Model Y (Performance Dual Motor All-Wheel Drive) from $48,140

Editor's Notes

Written by megakimcheelove | Staff
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by xTorquEx
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Tesla has dropped the base price of the Tesla Model Y from $44,990 down to $40,490. All Model Y vehicles also qualify for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member xTorquEx for finding this deal.

Available models:
  • Tesla Model Y (Standard Range) from $40,490
  • Tesla Model Y (Long Range) from $44,990
  • Tesla Model Y (Performance Dual Motor All-Wheel Drive) from $48,140

Editor's Notes

Written by megakimcheelove | Staff
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by xTorquEx

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1.5K Comments

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Apr 7, 2024 5:19 AM
19 Comments
Joined Nov 2021
BraveCreature530Apr 7, 2024 5:19 AM
19 Comments
Quote from diamok :
Fisker has not filed for bankruptcy yet and are in talks with Nissan as an investor/partner.
Also, the National Highway Traffic Safety Administration's (NHTSA) are currently looking into a safty matter regarding doors not openning.

Fisker could be gone, wait and see. Tesla is here to stay, deal with the "deals" as they come and go.

"New" cars will ALWAYS have miles on them in the USA as the government requires the dealships to test drive them before they place them up for sale.

Cheers,
lmao talks with Nissan are over. What rock have you been under….
Apr 7, 2024 5:25 AM
1.4K Comments
Joined Mar 2009
kgorillaApr 7, 2024 5:25 AM
1.4K Comments
Quote from BoV6227 :
It's almost $6 in San Diego.
But pg&e is also very expensive.
Apr 7, 2024 5:27 AM
162 Comments
Joined Jul 2016
Rickety_CricketApr 7, 2024 5:27 AM
162 Comments
Quote from sshlyk :
If it is true, this is a great choice. Just charge it to 100% all the time.
Realistically, long range will only go 200 mile, 2 mile for each percent of charge. Tesla did real magic to make it look like 300 miles
This is not true. What the other commenter said about LFP cells is true. It's a different battery chemistry that is less energy dense, but you can charge to 100% no problem.
Apr 7, 2024 5:31 AM
146 Comments
Joined Nov 2017
kkr1428Apr 7, 2024 5:31 AM
146 Comments
End of Tesla! Their pricing strategy sucks!
1
2
Apr 7, 2024 5:44 AM
28 Comments
Joined Jun 2017
BronadoBobbyApr 7, 2024 5:44 AM
28 Comments
I took delivery on 3/27. Ended up at $32,505 (before fees) with 3 miles on it. I was shocked to see it at $32k. Cancelled my order for one at $34k to grab it.
1
Apr 7, 2024 5:46 AM
28 Comments
Joined Jun 2017
BronadoBobbyApr 7, 2024 5:46 AM
28 Comments
Quote from beggerking :
need FSD transfer...
That's why I'd subscribe and not buy tbh
Apr 7, 2024 5:52 AM
270 Comments
Joined Dec 2014
savenmavenApr 7, 2024 5:52 AM
270 Comments
Quote from jl2672a :
Wow. I waited 15 months for my order at $55,900 in 2022. My friend did worse, paying $67,900 at the peak of the market. And I didn't even get the tax credit because Tesla sold too many. How can they afford to sell these at $46k? It's pretty infuriating for current owners cause it sinks our resale values.

Love the car but hate the price drops after the fact.
I paid $4000 for a Macintosh IIsi and now I can get a computer with the same processing power for $15. I should've waited for prices to come down!
3
5

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Apr 7, 2024 5:56 AM
1.6K Comments
Joined Oct 2016
LaughinGassApr 7, 2024 5:56 AM
1.6K Comments
Quote from Shamu23 :
Yea exactly! You don't buy a car expecting to appreciate in value. But if I bought at the peak and saw the value dropping so much I'd be pissed too
At who? Yourself maybe for an impulse buy?
5
Apr 7, 2024 6:16 AM
321 Comments
Joined Jul 2010
kLuTzApr 7, 2024 6:16 AM
321 Comments
Link dead
Apr 7, 2024 6:21 AM
3.9K Comments
Joined Sep 2004
MisterRunonApr 7, 2024 6:21 AM
3.9K Comments
I don't really have an absolute position on Teslas/EVs. There are some really nice benefits (especially with a car like the Y, since I want an SUV) but there are some really major hidden costs associated with owning them.

So a quick google shows that the average insurance premium for a Tesla is $250/mo which is about double the average for ICE cars. Paying an extra $125 for the same coverage starts to eat into your energy savings..

It also costs money to set up your home to be able to properly charge your car. If you move around often, this can be a problem.

With all of that being said, these cars are super affordable. The price you pay to take the car off the lot (and the level of performance you get) are insane.
1
Apr 7, 2024 6:48 AM
21 Comments
Joined Feb 2018
LeiJ8155Apr 7, 2024 6:48 AM
21 Comments
Quote from sahkuh :
My AGI is too high to get the tax credit. Why can't I be poorer
you can, donate all your asset to me, then you will be poor
1
Apr 7, 2024 7:23 AM
154 Comments
Joined Feb 2014
ryanistheryanApr 7, 2024 7:23 AM
154 Comments
Quote from daweyo :
For those who want to know, I would wait for this version to have an LFP battery if you have been on the fence. The major difference is this technology allows you to recharge to the full 100%, oftentimes only needing to charge once a week.Once you get a Tesla, most people will say you should not charge it past 80% to prolong the battery, but that is for the NMC batteries. I found it strange all the talk on charging the battery when I first bought my Tesla, and that majority users were only charging 80% since you now have reduced range and will have to charge more frequently. Charging more frequently leads to more charge cycles, and it was all exhausting reading everything. This being said, once the LFP batteries come to the Model Y in the US, they will probably not be eligible for the tax credit because the batteries are made in China, and brings the percent of the car made in America less than the required threshold. Either way, in my opinion, I would rather have the LFP battery than is recommended to charge to 100% versus one that recommends 80%, severely limiting the advertised distance of the EV for weekly use.
Charge cycles are not measured by how many times you charge but a full cycle, which means 100-0-100 is one charge cycle but 100-50-100-50-100 is one charge cycle as well, not two.
1
Apr 7, 2024 7:32 AM
112 Comments
Joined Nov 2023
FancyCaption1699Apr 7, 2024 7:32 AM
112 Comments
Can you people just talk about the deal and move your EV discussion to somewhere else? I ask the mods/staff to remove this crap every time this is posted.

That said, long range looks like it starts from 44K. I wish that took some cuts as well.
1
Apr 7, 2024 8:06 AM
84 Comments
Joined Jan 2017
shareg24Apr 7, 2024 8:06 AM
84 Comments
RIP all of us who bought in 2022 😭

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Apr 7, 2024 8:51 AM
18 Comments
Joined Jun 2020
VehlaJattApr 7, 2024 8:51 AM
18 Comments
Quote from NewsL8499 :
Say the same thing in 2026: someone paid $37K in 2024.
tbh. Consider this statement. Leather heated and ventilated seats (coming soon), heated steering wheel, basic adaptive cruise control and free autosteer for 37k. How much cheaper do you think these can go? They are crushing the market and I am here for it. You cant buy a similar spec corolla cheaper than Long Range Model Y.

I bought MYLR at 52,990, I am out close to 7k, and that doesn't include the price I have to list at to get buyers down the line a couple years when I sell.
4

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